Expert Phoenix MT4

Phoenix - is an Expert Advisor for automated trading on all possible currencies and on any time frame. Most of strategies are based on use of one or another indicator or their combinations.

For example: buy signal for EURUSD on H1:

If EMA (8) crosses SMA (26) from the bottom upwards

and CCI (55) > 0

and RSI (26) crosses level 48

But you have to monitor this strategy all the time to check its efficiency. But what if you have several such strategies but with different settings and for different currencies and time frames? Or you do not have time and chance to monitor the market? And what if this strategy was working only during testing within several months?

So you need a robot to test this strategy which will cope with such a routine work in a matter of seconds.

Settings

Name

Values

Description

magic_number

Digits

4 or 5

ordersType

1-Only Buy 2-Sell 3-Buy and Sell

1-open only long positions 2-only short positions 3-long and short positions

recoveryType

use Recovery Factor Next Multi Recovery (1, 2, 3)

1-use only value of Recovery Next 2-use recovery factor according to a number of unprofitable trades. use Recovery Next after 4 unprofitable trades in a row

Minimal Lots

Minimal lot

def

Lot = Balance / def. If Lot is less than the minimal lot, we use Minimal Lots